Emerging Markets Stocks: current P/E Ratio

14.30
Last update: 24 June 2024

The estimated P/E Ratio for Emerging Markets Stocks is 14.30, calculated on 24 June 2024.

Considering the last 5 years, an average P/E interval is [11.95 , 14.86]. For this reason, the current P/E can be considered Fair

P/E Ratio is calculated on the EEM Etf, whose benchmark is the Emerging Markets Stocks.

Historical P/E Ratio

When evaluating the P/E Ratio, it's important to not only look at its absolute value but also compare it to the average of previous periods. This allows for a more comprehensive understanding of the index/market valuation.

The following chart shows how the Emerging Markets Stocks P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.

24 June 2024 · P/E Ratio: 14.30
24 June 2024 · P/E Ratio: 14.30 · 1Y Average: 12.63 · 1 Std Dev range: [12.16 , 13.11] · 2 Std Dev range: [11.68 , 13.58]
24 June 2024 · P/E Ratio: 14.30 · 5Y Average: 13.40 · 1 Std Dev range: [11.95 , 14.86] · 2 Std Dev range: [10.50 , 16.31]
24 June 2024 · P/E Ratio: 14.30 · 10Y Average: 13.12 · 1 Std Dev range: [12.22 , 14.02] · 2 Std Dev range: [11.32 , 14.92]
24 June 2024 · P/E Ratio: 14.30 · 20Y Average: 12.64 · 1 Std Dev range: [11.55 , 13.74] · 2 Std Dev range: [10.45 , 14.84]
Methodology
The Average P/E (μ) and the Standard Deviation (σ) are calculated excluding 20% outliers (i.e. over a range of values excluding 10% of observations from the top and 10% from the bottom of the dataset).
A P/E between (μ - σ) and (μ + σ) is considered "Fair", over a specific timeframe.
A P/E greater than (μ + σ) is defined "Overvalued", greater than (μ + 2σ) is defined "Expensive".
A P/E less than (μ - σ) is defined "Undervalued", less than (μ - 2σ) is defined "Cheap".
24 June 2024 · P/E Ratio: 14.30 · Last Periods metrics
Show all periods
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Range
Analysis
Period Average P/E
(μ)
Std Dev
(σ)
Std Dev Range
[ μ-2σ · μ-σ , μ+σ · μ+2σ ]
vs Current P/E
( 14.30 )
Deviation
vs μ
Valuation
Last 1Y 12.63 0.48 [11.68 · 12.16 , 13.11 · 13.58]
+3.50 σ
Expensive
Last 2Y 11.93 0.64 [10.64 · 11.29 , 12.58 · 13.22]
+3.67 σ
Expensive
Last 3Y 12.41 0.95 [10.52 · 11.47 , 13.36 · 14.31]
+1.99 σ
Overvalued
Last 4Y 13.37 1.64 [10.10 · 11.73 , 15.01 · 16.64]
+0.57 σ
Fair
Last 5Y 13.40 1.45 [10.50 · 11.95 , 14.86 · 16.31]
+0.61 σ
Fair
Last 6Y 13.17 1.24 [10.69 · 11.93 , 14.41 · 15.65]
+0.91 σ
Fair
Last 7Y 13.33 1.14 [11.04 · 12.18 , 14.47 · 15.61]
+0.85 σ
Fair
Last 8Y 13.28 0.97 [11.34 · 12.31 , 14.26 · 15.23]
+1.04 σ
Overvalued
Last 9Y 13.16 0.92 [11.31 · 12.23 , 14.08 · 15.00]
+1.24 σ
Overvalued
Last 10Y 13.12 0.90 [11.32 · 12.22 , 14.02 · 14.92]
+1.31 σ
Overvalued
Last 11Y 12.92 0.91 [11.10 · 12.01 , 13.83 · 14.74]
+1.51 σ
Overvalued
Last 12Y 12.76 0.95 [10.86 · 11.81 , 13.72 · 14.67]
+1.61 σ
Overvalued
Last 13Y 12.58 1.01 [10.57 · 11.57 , 13.58 · 14.59]
+1.71 σ
Overvalued
Last 14Y 12.53 0.96 [10.61 · 11.57 , 13.49 · 14.45]
+1.84 σ
Overvalued
Last 15Y 12.68 1.03 [10.61 · 11.65 , 13.71 · 14.74]
+1.57 σ
Overvalued
Last 16Y 12.61 1.05 [10.50 · 11.56 , 13.66 · 14.71]
+1.60 σ
Overvalued
Last 17Y 12.74 1.13 [10.49 · 11.61 , 13.87 · 15.00]
+1.38 σ
Overvalued
Last 18Y 12.76 1.11 [10.54 · 11.65 , 13.87 · 14.98]
+1.38 σ
Overvalued
Last 19Y 12.71 1.09 [10.53 · 11.62 , 13.80 · 14.89]
+1.46 σ
Overvalued
Last 20Y 12.64 1.10 [10.45 · 11.55 , 13.74 · 14.84]
+1.51 σ
Overvalued

Emerging Markets Stocks Trend

Trend is evaluated considering the price of the EEM Etf and its 200/50-day moving averages (SMA).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +6.83% 24 Jun
Short Term Price vs SMA50 +1.58% 24 Jun
The 200-day moving average is a long-term indicator that takes into account the average price of a stock over the past 200 trading days. It is considered a significant level of support or resistance, meaning that when the stock price is above the 200-day moving average (i.e. margin vs moving average is positive), it is generally viewed as bullish, while when it is below, it is viewed as bearish.

The 50-day moving average, on the other hand, is a shorter-term indicator that measures the average price of a stock over the past 50 trading days. It is also viewed as a significant level of support or resistance and can be used to identify shorter-term trends.